Funding For Scholars
EIN: 465079918 · Aiken, SC
Is Funding For Scholars Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Funding For Scholars
Funding For Scholars (EIN: 465079918) is a nonprofit organization based in Aiken, SC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Funding For Scholars's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Funding For Scholars is a micro nonprofit, with 3 years of IRS 990 filings on record (2016–2018). Revenue has grown at a compound annual rate of -16.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $32K |
| Surplus / Deficit | $-9,563 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -43.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2018, Funding For Scholars reported a deficit of $10K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2016–2018), Funding For Scholars's revenue has declined at a compound annual growth rate (CAGR) of -16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -43.7% | -45.3% | -100.0% |
| 2017 | +23.2% | +107.7% | -4.9% |
AI Analysis Pending
AI enrichment for Funding For Scholars has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Funding For Scholars with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Funding For Scholars
Is Funding For Scholars a legitimate charity?
Funding For Scholars (EIN: 465079918) is a registered tax-exempt nonprofit based in South Carolina. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Funding For Scholars spend its money?
Funding For Scholars reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Funding For Scholars tax-deductible?
Funding For Scholars is registered as a tax-exempt nonprofit (EIN: 465079918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Funding For Scholars located?
Funding For Scholars is headquartered in Aiken, South Carolina and files with the IRS under EIN 465079918.
How many years of IRS 990 filings does Funding For Scholars have?
Funding For Scholars has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Funding For Scholars showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2016–2018), Funding For Scholars's revenue has declined by 30.6%, moving from $32K to $22K. Total assets decreased by 100% over the same period, from $381K to $0. Total functional expenses rose by 13.6%, from $28K to $32K. In its most recent filing year (2018), Funding For Scholars reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $22K | $32K | $0 | $0 | — | View 990 |
| 2017 | $39K | $58K | $362K | $0 | — | View 990 |
| 2016 | $32K | $28K | $381K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $22K, expenses of $32K, and assets of $0 (revenue -43.7% year-over-year).
- 2017: Revenue of $39K, expenses of $58K, and assets of $362K (revenue +23.2% year-over-year).
- 2016: Revenue of $32K, expenses of $28K, and assets of $381K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Funding For Scholars:
Data Sources and Methodology
This transparency report for Funding For Scholars is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.